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	<title>News1130 &#187; Your wallet will get a workout in 2013</title>
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		<title>Your wallet will get a workout in 2013</title>
		<link>http://www.news1130.com/2012/12/27/your-wallet-will-get-a-workout-in-2013/</link>
		<comments>http://www.news1130.com/2012/12/27/your-wallet-will-get-a-workout-in-2013/#comments</comments>
		<pubDate>Thu, 27 Dec 2012 10:12:17 -0800</pubDate>
		<dc:creator>Bruce Claggett</dc:creator>
				<category><![CDATA[Local]]></category>
		<category><![CDATA[board local]]></category>
		<category><![CDATA[canadian taxpayers federation]]></category>
		<category><![CDATA[CTF]]></category>
		<category><![CDATA[expenses]]></category>

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		<description><![CDATA[Property taxes, MSP fees and commuting costs top a list of your extra expenses in the Canadian Taxpayers Federation's annual report for 2013.]]></description>
			<content:encoded><![CDATA[<p>VANCOUVER (NEWS1130) &#8211; Property taxes, MSP fees and commuting costs top a list of your extra expenses in the <a href="http://taxpayer.com/" target="_blank">Canadian Taxpayers Federation</a>&#8216;s annual report for 2013.</p>
<p>Jordan Bateman with the CTF fears this year&#8217;s new expenses could be the &#8216;tip of the iceberg&#8217; and says it&#8217;s disappointing. &#8220;Inflation is about 1.3 percent this year and governments that say they&#8217;re trying to keep their increases targeted at that&#8230;well, they&#8217;re failing miserably. BC Hydro we&#8217;re looking at an almost a 4 percent increase.  TransLink fares are going up 10 percent.&#8221;</p>
<p>The <a href="http://taxpayer.com/federal/ctf-releases-nation-wide-new-year-tax-changes-2013" target="_blank">report</a> also points out half-price Port Mann tolls will end in March and regional property taxes keep going up.</p>
<p>The CTF also says Medical Services Plan premiums have incresed, going from $128 per month for a family to $133 a month. Bateman says this is a 24 per cent increase over the past three years.</p>
<p>The federal government is also going to take more in Employment Insurance premiums. British Columbians earning at least $47,400 will pay $51.50 more in EI next year.</p>
<p>As for the Canadian Pension Plan, anyone earning over $51,100 will pay $49.50 more in contributions in 2013.</p>
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